Pennington & Company Invests in the Fraternal Movement at Groundbreaking Level

April 19, 2016

Pennington & Company has stepped up with a bold investment in the fraternal movement at a turning point in its history, becoming the first-ever Distinguished Diamond sponsor of the North American Interfraternity Conference and NIC Foundation.

The newly minted “Distinguished” sponsorship designation is reserved for partners who provide significant financial support to both the NIC and NICF. With a three-year commitment at our highest-donor level, Pennington’s investment will help the NIC bring the 2.0 vision to life and will aid the NICF in its mission to cultivate a culture of philanthropy.

“We know the next several years are critical in the development of the NIC and in the future of fraternity,” said Patrick Alderdice, president of Pennington & Company. “We are excited by the NIC’s vision for enhancing the fraternal community. We hope to serve as an example to our colleagues, because its time for all of us to support what so many fraternities are coming together to create.”

For more than a decade, Pennington & Company has made an annual investment in the fraternal foundation community through the NICF. This elevation in giving to both the NIC and NICF shows a desire “to provide resources to impact all levels of fraternity life,” said Alderdice.

“Pennington & Company has long been a critical partner in the fraternal movement,” said NIC president and CEO Judson Horras. “This level of partnership—specifically at a time of crossroads for fraternities—is a testament to the dedication and support they provide to the community. It speaks to the importance of collaboration and trust in what we are trying to accomplish.”

Since its start 23 years ago, Pennington & Company has been a proven leader in fraternity fundraising and alumni communication. They have assisted chapters and fraternity and sorority foundations in raising more than $500 million in support of housing, scholarships and leadership programs.

“Becoming a Distinguished Diamond sponsor represents a significant investment for us—one that aligns with our motto of ‘Raising Your Expectations,’” said Alderdice.

In the last month, additional partners have joined Pennington in sponsorship of the NIC at our highest levels. Diamond-level sponsors currently include Holmes Murphy, Phired Up/TechniPhi/Innova, and Plaid; OmegaFi is also a Distinguished sponsor at the Platinum level. For more information on sponsorship of the NIC, click here.